auto rickshaw - business plan
TRANSCRIPT
Business Plan - Auto Rickshaw2010 2010 2011 2011 2011 2011
November December January February March AprilMonth No. 1 2 3 4 5 6No. Of Days 30 31 31 28 31 30Days Lost 5 5 5 5 5 5Effective No. of Days 25 26 26 23 26 25
No. of Shifts Per Day 2 2 2 2 2 2Rate Per Shift 130 130 130 130 130 130Total Amount Per Day/Per Rickshaw 260 260 260 260 260 260
Total No. of Rickshaw 1 1 1 1 1 1
Total Amount Per Day 260 260 260 260 260 260
Cash Inflow - Per Month 6500 6760 6760 5980 6760 6500
Assumptions1) 260Rs Per Day Per Rickshaw will be realised for next 5 Years. Generally Rent Per Day decrease with the age of Auto Rickshaw.2) According to talk with Gagan (An Auto Rickshaw Driver) Rent for 24 Hours is 150 Rs. Hence Assumption of Realizing Rs 260 Per Day Per Rickshaw is too optimistic 3) On Road Cost of Auto Rickshaw is Assumed to be 175000. According to Mr. Gagan on road price of Auto Rickshaw is 135000 Rs. Max (including Permit). Hence taking More Capex expenditure is too pessimistic Assumption4) Discount Rate is 15%5) Permit is generally for 5 Years. Hence all the calculation are based on the assumption that we will run the assest for 5 years.6) Rate of Interest on Bank Loan is Assumed to be 10%, Realistic Assumption
2011 2011 2011 2011 2011 2011 2011 2011 2012 2012May June July August September October November December January February
7 8 9 10 11 12 13 14 15 1631 30 31 31 30 31 30 31 31 28
5 5 5 5 5 5 5 5 5 526 25 26 26 25 26 25 26 26 23
2 2 2 2 2 2 2 2 2 2130 130 130 130 130 130 130 130 130 130260 260 260 260 260 260 260 260 260 260
1 1 1 1 1 1 1 1 1 1
260 260 260 260 260 260 260 260 260 260
6760 6500 6760 6760 6500 6760 6500 6760 6760 5980
1) 260Rs Per Day Per Rickshaw will be realised for next 5 Years. Generally Rent Per Day decrease with the age of Auto Rickshaw.2) According to talk with Gagan (An Auto Rickshaw Driver) Rent for 24 Hours is 150 Rs. Hence Assumption of Realizing Rs 260 Per Day Per Rickshaw is too optimistic 3) On Road Cost of Auto Rickshaw is Assumed to be 175000. According to Mr. Gagan on road price of Auto Rickshaw is 135000 Rs. Max (including Permit). Hence taking More Capex expenditure is too pessimistic Assumption
5) Permit is generally for 5 Years. Hence all the calculation are based on the assumption that we will run the assest for 5 years.
2012 2012 2012 2012 2012 2012 2012 2012 2012 2012 2013March April May June July August September October November December January
17 18 19 20 21 22 23 24 25 26 2731 30 31 30 31 31 30 31 30 31 31
5 5 5 5 5 5 5 5 5 5 526 25 26 25 26 26 25 26 25 26 26
2 2 2 2 2 2 2 2 2 2 2130 130 130 130 130 130 130 130 130 130 130260 260 260 260 260 260 260 260 260 260 260
1 1 1 1 1 1 1 1 1 1 1
260 260 260 260 260 260 260 260 260 260 260
6760 6500 6760 6500 6760 6760 6500 6760 6500 6760 6760
3) On Road Cost of Auto Rickshaw is Assumed to be 175000. According to Mr. Gagan on road price of Auto Rickshaw is 135000 Rs. Max (including Permit). Hence taking More Capex expenditure is too pessimistic Assumption
2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013February March April May June July August September October November December
28 29 30 31 32 33 34 35 36 37 3828 31 30 31 30 31 31 30 31 30 31
5 5 5 5 5 5 5 5 5 5 523 26 25 26 25 26 26 25 26 25 26
2 2 2 2 2 2 2 2 2 2 2130 130 130 130 130 130 130 130 130 130 130260 260 260 260 260 260 260 260 260 260 260
1 1 1 1 1 1 1 1 1 1 1
260 260 260 260 260 260 260 260 260 260 260
5980 6760 6500 6760 6500 6760 6760 6500 6760 6500 6760
2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014January February March April May June July August SeptemberOctober NovemberDecember
39 40 41 42 43 44 45 46 47 48 49 5031 28 31 30 31 30 31 31 30 31 30 31
5 5 5 5 5 5 5 5 5 5 5 526 23 26 25 26 25 26 26 25 26 25 26
2 2 2 2 2 2 2 2 2 2 2 2130 130 130 130 130 130 130 130 130 130 130 130260 260 260 260 260 260 260 260 260 260 260 260
1 1 1 1 1 1 1 1 1 1 1 1
260 260 260 260 260 260 260 260 260 260 260 260
6760 5980 6760 6500 6760 6500 6760 6760 6500 6760 6500 6760
2015 2015 2015 2015 2015 2015 2015 2015 2015 2015January February March April May June July August SeptemberOctober
51 52 53 54 55 56 57 58 59 6031 28 31 30 31 30 31 31 30 31
5 5 5 5 5 5 5 5 5 526 23 26 25 26 25 26 26 25 26
2 2 2 2 2 2 2 2 2 2130 130 130 130 130 130 130 130 130 130260 260 260 260 260 260 260 260 260 260
1 1 1 1 1 1 1 1 1 1
260 260 260 260 260 260 260 260 260 260
6760 5980 6760 6500 6760 6500 6760 6760 6500 6760
CAPEX & LOAN REPAYMENT SCHEDULE
Total On Road Cost of Auto Rickshaw 2010 November 12010 December 2
No. of Auto Rickshaw 1 2011 January 3On Road Cost Per Auto Rickshaw 175000 2011 February 4Down Payment 75000 2011 March 5Bank Loan 100000 2011 April 6
2011 May 72011 June 82011 July 92011 August 102011 September 112011 October 122011 November 132011 December 142012 January 152012 February 162012 March 172012 April 182012 May 192012 June 202012 July 212012 August 222012 September 232012 October 242012 November 252012 December 262013 January 272013 February 282013 March 292013 April 302013 May 312013 June 322013 July 332013 August 342013 September 352013 October 362013 November 372013 December 382014 January 392014 February 402014 March 41
2014 April 422014 May 432014 June 442014 July 452014 August 462014 September 472014 October 482014 November 492014 December 502015 January 512015 February 522015 March 532015 April 542015 May 552015 June 562015 July 572015 August 582015 September 592015 October 60
Opening Loan Balance EMI Interest Loan Repaid Closing Loan Balance100000 2125 833 1291 98709
98709 2125 823 1302 9740797407 2125 812 1313 9609496094 2125 801 1324 9477094770 2125 790 1335 9343593435 2125 779 1346 9208992089 2125 767 1357 9073190731 2125 756 1369 8936389363 2125 745 1380 8798387983 2125 733 1392 8659186591 2125 722 1403 8518885188 2125 710 1415 8377383773 2125 698 1427 8234782347 2125 686 1438 8090880908 2125 674 1450 7945879458 2125 662 1463 7799577995 2125 650 1475 7652076520 2125 638 1487 7503375033 2125 625 1499 7353473534 2125 613 1512 7202272022 2125 600 1525 7049870498 2125 587 1537 6896068960 2125 575 1550 6741067410 2125 562 1563 6584765847 2125 549 1576 6427164271 2125 536 1589 6268262682 2125 522 1602 6108061080 2125 509 1616 5946459464 2125 496 1629 5783557835 2125 482 1643 5619256192 2125 468 1656 5453654536 2125 454 1670 5286652866 2125 441 1684 5118151181 2125 427 1698 4948349483 2125 412 1712 4777147771 2125 398 1727 4604446044 2125 384 1741 4430344303 2125 369 1756 4254842548 2125 355 1770 4077840778 2125 340 1785 3899338993 2125 325 1800 37193
37193 2125 310 1815 3537835378 2125 295 1830 3354833548 2125 280 1845 3170331703 2125 264 1861 2984329843 2125 249 1876 2796727967 2125 233 1892 2607526075 2125 217 1907 2416824168 2125 201 1923 2224422244 2125 185 1939 2030520305 2125 169 1955 1835018350 2125 153 1972 1637816378 2125 136 1988 1439014390 2125 120 2005 1238512385 2125 103 2021 1036310363 2125 86 2038 8325
8325 2125 69 2055 62706270 2125 52 2072 41974197 2125 35 2090 21072107 2125 18 2107 0
PRESENT VALUE CALCULATION
2010 2010 2011 2011 2011November December January February March
TIME 0 1 2 3 4 5Capex (X) -75000
Cash Inflow - Per Month 6500 6760 6760 5980 6760Asset Sold Total Cash Inflow (A) 6500 6760 6760 5980 6760
Cash Outflow 2125 2125 2125 2125 2125Maintenance cost 1000 1000 1000 1000 1000
Total Cash Outflow(B) 3125 3125 3125 3125 3125
Net Surplus (A-B) -75000 3375 3635 3635 2855 3635
Discounting Factor 1.0125 1.02515625 1.037971 1.050945 1.064082
Present Value 3333.63 3546.093583 3502.315 2716.887 3416.372
Total PVof Net Surplus (Y) 165331.8
NPV (Y-X) 90331.82
IRR 54%
2011 2011 2011 2011 2011 2011 2011 2011 2011April May June July August September October November December
6 7 8 9 10 11 12 13 14
6500 6760 6500 6760 6760 6500 6760 6500 6760
6500 6760 6500 6760 6760 6500 6760 6500 6760
2125 2125 2125 2125 2125 2125 2125 2125 21251000 1000 1000 1000 1000 1000 1000 1000 1000
3125 3125 3125 3125 3125 3125 3125 3125 3125
3375 3635 3375 3635 3635 3375 3635 3375 3635
1.077383 1.09085 1.104486 1.118292 1.132271 1.146424215 1.160755 1.1752639492 1.1899547486
3132.869 3332.537 3055.991 3250.76 3210.628 2944.198104 3131.842 2871.950597 3054.99012
2012 2012 2012 2012 2012 2012 2012 2012 2012January February March April May June July August September
15 16 17 18 19 20 21 22 23
6760 5980 6760 6500 6760 6500 6760 6760 6500
6760 5980 6760 6500 6760 6500 6760 6760 6500
2125 2125 2125 2125 2125 2125 2125 2125 21251000 1000 1000 1000 1000 1000 1000 1000 1000
3125 3125 3125 3125 3125 3125 3125 3125 3125
3635 2855 3635 3375 3635 3375 3635 3635 3375
1.204829 1.21989 1.235138 1.250577 1.26621 1.282037 1.298063 1.314288 1.3307170868
3017.274 2340.622 2943.233 2698.993 2871.01 2632.763 2800.558 2765.983 2536.451988
2012 2012 2012 2013 2013 2013 2013 2013 2013October NovemberDecember January February March April May June
24 25 26 27 28 29 30 31 32
6760 6500 6760 6760 5980 6760 6500 6760 6500
6760 6500 6760 6760 5980 6760 6500 6760 6500
2125 2125 2125 2125 2125 2125 2125 2125 21251000 1000 1000 1000 1000 1000 1000 1000 1000
3125 3125 3125 3125 3125 3125 3125 3125 3125
3635 3375 3635 3635 2855 3635 3375 3635 3375
1.3473510504 1.364193 1.3812453503 1.398511 1.415992 1.433692 1.451613 1.469759 1.488131
2698.109004 2474.21 2631.900263 2599.408 2016.466 2535.621 2325.206 2473.399 2268.148
2013 2013 2013 2013 2013 2013 2014 2014 2014July August September October November December January February March
33 34 35 36 37 38 39 40 41
6760 6760 6500 6760 6500 6760 6760 5980 6760
6760 6760 6500 6760 6500 6760 6760 5980 6760
2125 2125 2125 2125 2125 2125 2125 2125 21251000 1000 1000 1000 1000 1000 1000 1000 1000
3125 3125 3125 3125 3125 3125 3125 3125 3125
3635 3635 3375 3635 3375 3635 3635 2855 3635
1.506732 1.525566 1.5446358703 1.563944 1.5834931165 1.6032867804 1.623328 1.643619 1.664165
2412.705 2382.918 2185.175202 2324.444 2131.553314 2267.404712 2239.412 1737.203 2184.459
2014 2014 2014 2014 2014 2014 2014 2014 2014April May June July August September October November December
42 43 44 45 46 47 48 49 50
6500 6760 6500 6760 6760 6500 6760 6500 6760
6500 6760 6500 6760 6760 6500 6760 6500 6760
2125 2125 2125 2125 2125 2125 2125 2125 21251000 1000 1000 1000 1000 1000 1000 1000 1000
3125 3125 3125 3125 3125 3125 3125 3125 3125
3375 3635 3375 3635 3635 3375 3635 3375 3635
1.684967 1.706029 1.727354 1.748946 1.770808 1.7929430647 1.815355 1.8380467887 1.8610223736
2003.185 2130.855 1954.029 2078.566 2052.905 1882.54723 2002.529 1836.351512 1953.38866
2015 2015 2015 2015 2015 2015 2015 2015 2015January February March April May June July August September
51 52 53 54 55 56 57 58 59
6760 5980 6760 6500 6760 6500 6760 6760 6500
6760 5980 6760 6500 6760 6500 6760 6760 6500
2125 2125 2125 2125 2125 2125 2125 2125 21251000 1000 1000 1000 1000 1000 1000 1000 1000
3125 3125 3125 3125 3125 3125 3125 3125 3125
3635 2855 3635 3375 3635 3375 3635 3635 3375
1.884285 1.907839 1.931687 1.955833 1.980281 2.005034 2.030097 2.055473 2.0811667624
1929.273 1496.615 1881.93 1725.761 1835.75 1683.413 1790.702 1768.595 1621.830629
2015October
60
67604000046760
21251000
3125
43635
2.107181
20707.9
2010 2010 2011 2011 2011November December January February March
Month No./Time Period 0 1 2 3 4 5No. Of Days 30 31 31 28 31Rent Per Day 150 150 150 150 150Rent Per Month 4500 4650 4650 4200 4650
Cash Inflow 4500 4650 4650 4200 4650
Cash Outflow 3227 3227 3227 3227 3227
Net Surplus 1273 1423 1423 973 1423
Capex -50000Deposit 20000Capex & Net Surplus -30000 1273 1423 1423 973 1423
IRR 34%
48078
2011 2011 2011 2011 2011 2011 2011 2011 2011April May June July August September October November December
6 7 8 9 10 11 12 13 1430 31 30 31 31 30 31 30 31
150 150 150 150 150 150 150 150 1504500 4650 4500 4650 4650 4500 4650 4500 4650
4500 4650 4500 4650 4650 4500 4650 4500 4650
3227 3227 3227 3227 3227 3227 3227 3227 3227
1273 1423 1273 1423 1423 1273 1423 1273 1423
1273 1423 1273 1423 1423 1273 1423 1273 1423
2012 2012 2012 2012 2012 2012 2012 2012 2012 2012January February March April May June July August SeptemberOctober
15 16 17 18 19 20 21 22 23 2431 28 31 30 31 30 31 31 30 31
150 150 150 150 150 150 150 150 150 1504650 4200 4650 4500 4650 4500 4650 4650 4500 4650
4650 4200 4650 4500 4650 4500 4650 4650 4500 4650
3227 3227 3227 3227 3227 3227 3227 3227 3227 3227
1423 973 1423 1273 1423 1273 1423 1423 1273 1423
1423 973 1423 1273 1423 1273 1423 1423 1273 1423
2012 2012 2013 2013 2013 2013 2013 2013 2013 2013NovemberDecember January February March April May June July August
25 26 27 28 29 30 31 32 33 3430 31 31 28 31 30 31 30 31 31
150 150 150 150 150 150 150 150 150 1504500 4650 4650 4200 4650 4500 4650 4500 4650 4650
4500 4650 4650 4200 4650 4500 4650 4500 4650 4650
3227 3227 3227 3227 3227 3227 3227 3227 3227 3227
1273 1423 1423 973 1423 1273 1423 1273 1423 1423
1273 1423 1423 973 1423 1273 1423 1273 1423 1423
2013 2013SeptemberOctober
35 3630 31
150 1504500 4650
4500 4650
3227 3227
1273 1423
1273 1423
CAPEX & LOAN REPAYMENT SCHEDULE
Total On Road Cost of Auto Rickshaw 2010 November 12010 December 2
No. of Auto Rickshaw 1 2011 January 3On Road Cost Per Auto Rickshaw 150000 2011 February 4Down Payment 50000 2011 March 5Bank Loan 100000 2011 April 6
2011 May 72011 June 8
EMI Rs. 3,226.72 2011 July 92011 August 102011 September 112011 October 122011 November 132011 December 142012 January 152012 February 162012 March 172012 April 182012 May 192012 June 202012 July 212012 August 222012 September 232012 October 242012 November 252012 December 262013 January 272013 February 282013 March 292013 April 302013 May 312013 June 322013 July 332013 August 342013 September 352013 October 36
Opening Loan Balance EMI Interest Loan Repaid Closing Loan Balance100000 3227 833 2393 97607
97607 3227 813 2413 9519395193 3227 793 2433 9276092760 3227 773 2454 9030690306 3227 753 2474 8783287832 3227 732 2495 8533785337 3227 711 2516 8282282822 3227 690 2537 8028580285 3227 669 2558 7772777727 3227 648 2579 7514875148 3227 626 2600 7254872548 3227 605 2622 6992669926 3227 583 2644 6728267282 3227 561 2666 6461664616 3227 538 2688 6192761927 3227 516 2711 5921759217 3227 493 2733 5648456484 3227 471 2756 5372853728 3227 448 2779 5094950949 3227 425 2802 4814648146 3227 401 2825 4532145321 3227 378 2849 4247242472 3227 354 2873 3959939599 3227 330 2897 3670236702 3227 306 2921 3378133781 3227 282 2945 3083630836 3227 257 2970 2786727867 3227 232 2994 2487224872 3227 207 3019 2185321853 3227 182 3045 1880818808 3227 157 3070 1573815738 3227 131 3096 1264212642 3227 105 3121 9521
9521 3227 79 3147 63746374 3227 53 3174 32003200 3227 27 3200 0
2010 2010 2011 2011 2011 2011November December January February March April
Month No./Time Period 0 1 2 3 4 5 6Capex & Net Surplus -30000 1273 1423 1423 973 1423 1273
-5000015500
4500 4650 4650 4200 4650 4500 46503227 3227 3227 3227 3227 3227
Cash Inflow & Outflow -30000 1423 1423 973 1423 1273 142343588
IIR 2.41%35 34 33 32 31 30
2.3013507507 2.247193 2.194311 2.142672 2.092249 2.043012
Interest From Cash Flow 1852.188163 1775.107 1162.4 1626.344 1390.74 1484.52.3013507507 2.247193 2.194311 2.142672 2.092249 2.043012804.82654043 789.9218 529.7336 759.026 664.7106 726.6231
PV of Interest 15391.880872
Cash Inflow & Outflow -30000 1423.2812806 1423.281 973.2813 1423.281 1273.281 1423.281
1.0241 1.048781 1.074056 1.099941 1.12645 1.153597
PV 1389.7874042 1357.082 906.1733 1293.961 1130.349 1233.777
Total PV 29982.120528
Grand Total 45374.0014
2011 2011 2011 2011 2011 2011 2011 2011 2012 2012May June July August SeptemberOctober NovemberDecember January February
7 8 9 10 11 12 13 14 15 161423 1273 1423 1423 1273 1423 1273 1423 1423 973
4500 4650 4650 4500 4650 4500 4650 4650 4200 46503227 3227 3227 3227 3227 3227 3227 3227 3227 32271273 1423 1423 1273 1423 1273 1423 1423 973 1423
29 28 27 26 25 24 23 22 21 201.994934 1.947988 1.902146 1.857383 1.813674 1.770993 1.729316 1.68862 1.648882 1.61008
1266.831 1349.253 1284.008 1091.69 1158.087 981.6907 1038.022 980.1007 631.5451 868.31471.994934 1.947988 1.902146 1.857383 1.813674 1.770993 1.729316 1.68862 1.648882 1.61008635.0241 692.6395 675.0311 587.757 638.5308 554.3166 600.25 580.415 383.014 539.2993
1273.281 1423.281 1423.281 1273.281 1423.281 1273.281 1423.281 1423.281 973.2813 1423.281
1.181399 1.209871 1.239028 1.268889 1.299469 1.330787 1.362858 1.395703 1.42934 1.463787
1077.774 1176.391 1148.707 1003.461 1095.279 956.7885 1044.335 1019.759 680.9306 972.3282
2012 2012 2012 2012 2012 2012 2012 2012 2012 2012March April May June July August SeptemberOctober NovemberDecember
17 18 19 20 21 22 23 24 25 261423 1273 1423 1273 1423 1423 1273 1423 1273 1423
4500 4650 4500 4650 4650 4500 4650 4500 4650 46503227 3227 3227 3227 3227 3227 3227 3227 3227 32271273 1423 1273 1423 1423 1273 1423 1273 1423 1423
19 18 17 16 15 14 13 12 11 101.57219 1.535192 1.499064 1.463787 1.42934 1.395703 1.362858 1.330787 1.299469 1.268889
728.5585 761.7282 635.4491 660.0992 611.0713 503.8417 516.4497 421.1843 426.2291 382.70481.57219 1.535192 1.499064 1.463787 1.42934 1.395703 1.362858 1.330787 1.299469 1.268889
463.4037 496.1779 423.8972 450.9531 427.52 360.9948 378.9459 316.4928 328.0024 301.6062
1273.281 1423.281 1273.281 1423.281 1423.281 1273.281 1423.281 1273.281 1423.281 1423.281
1.499064 1.535192 1.57219 1.61008 1.648882 1.68862 1.729316 1.770993 1.813674 1.857383
849.3841 927.1033 809.8776 883.982 863.1794 754.0364 823.0312 718.9647 784.7505 766.283
2013 2013 2013 2013 2013 2013 2013 2013 2013 2013January February March April May June July August SeptemberOctober
27 28 29 30 31 32 33 34 35 361423 973 1423 1273 1423 1273 1423 1423 1273 1423
4200 4650 4500 4650 4500 4650 4650 4500 46503227 3227 3227 3227 3227 3227 3227 3227 3227 3227
973 1423 1273 1423 1273 1423 1423 1273 1423 -3227
9 8 7 6 5 4 3 2 1 01.239028 1.209871 1.181399 1.153597 1.12645 1.099941 1.074056 1.048781 1.0241 1
232.642 298.7049 230.9718 218.612 161.0061 142.2444 105.4031 62.11169 34.30108 01.239028 1.209871 1.181399 1.153597 1.12645 1.099941 1.074056 1.048781 1.0241 1187.7616 246.89 195.5071 189.5046 142.9324 129.32 98.13556 59.22276 33.49388 0
973.2813 1423.281 1273.281 1423.281 1273.281 1423.281 1423.281 1273.281 1423.281 -3226.719
1.902146 1.947988 1.994934 2.043012 2.092249 2.142672 2.194311 2.247193 2.301351 2.356813
511.6753 730.6418 638.2572 696.6582 608.5707 664.2553 648.6235 566.6096 618.4547 -1369.102